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Canada port strike may add to inflation concerns ahead of rate decision

Canada port strike may add to inflation concerns ahead of rate decision

3/3 © Reuters. FILE PHOTO: A view shows placards as longshoremen with the International Longshore and Warehouse Union Canada (ILWU) strike outside the Port of Vancouver’s Neptune Bulk Terminals in North Vancouver, British Columbia, Canada July 5, 2023. REUTERS/Chris He 2/3 By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for…

Brazil Senate committee approves Lula’s picks for central bank board

Brazil Senate committee approves Lula’s picks for central bank board

© Reuters. FILE PHOTO: A general view of the Central Bank headquarters building in Brasilia, Brazil February 14, 2023. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) -The Brazilian Senate on Tuesday approved President Luiz Inacio Lula da Silva’s first picks for the independent central bank, an institution he has clashed with since taking office in January. Former finance ministry…

Yellen sees strong job market, lower inflation, even as US economy cools

Yellen sees strong job market, lower inflation, even as US economy cools

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary Fund, William Ruto, President of Kenya, French President Emmanuel Macron, and World Bank Pre By David Lawder (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. economy is…

PIMCO CIO says preparing for ‘harder landing’ for global economy

PIMCO CIO says preparing for ‘harder landing’ for global economy

© Reuters. FILE PHOTO: The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/File Photo (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment…